The administrator may take custody of property that is presumed abandoned, whether located in this state, another state, or a foreign country if:

1. (1) The last-known address of the apparent owner in the records of the holder is in this state; or
2. (2) The records of the holder do not reflect the identity or last-known address of the apparent owner, but the administrator has determined that the last-known address of the apparent owner is in this state.

Effective: July 14, 2018

History: Created 2018 Ky. Acts ch. 163, sec. 16, effective July 14, 2018.